Essex Realty Group, Inc. is pleased to announce the sale of 2827-47 N. Clybourn Ave., an exceptional luxury mixed-use apartment building located in Chicago’s popular Roscoe Village neighborhood. This luxury boutique property was completed in 2020 and comprised of 30 apartment units and six commercial spaces. The apartments were all 2 bedroom/2 bath units with expansive floorplans and featured high-end custom finishes with balconies and private rooftop lounge patios. Amenities included a private fitness center and heated indoor garage parking. Within a four-week timeframe, Essex led an extensive marketing campaign resulting in multiple offers and ultimately selling for a near-record price per unit for the area.
Situated between Lakeview, North Center, and Bucktown, Roscoe Village is a charming north side neighborhood of Chicago. Commonly referred to as the “village within the city”, Roscoe Village is home to independent shops, taverns, and cafes that roll into the streets during the summer months; creating a small-town feeling in one of the countries largest cities. Apart from the current wonders of the neighborhood, Roscoe Village has a deep history. In 1903 the Riverview Park opened its doors to the public making it the largest amusement park in the world. That idea of joy and excitement remains true to this quaint north side neighborhood.
The subject property is situated near the southwest border of Roscoe Village and Bucktown. Neighbored by a combination of new condo buildings, residential apartments, and retail corridors, the tenants at 2827-48 N Clybourn are nestled into their own little community. Residents are steps away from major retailers such as Starbucks, Jewel-Osco, CVS, as well as unique independent destinations like Hexe Coffee Co. Stepping away from the brick and mortar, Fellger Playlot Park, and Hamlin Park are wonderful locations for people to enjoy the great outdoors. The diverse qualities of Roscoe Village make it an area of Chicago that many people are pleased to call home.
- Trophy Asset in the Highly Desirable Roscoe Village Neighborhood
- Luxury 36-Unit Mixed-Use Property
- Delivered in 2020
- Intelligently Designed Interiors with Modern Amenities & Fitness Center
- 34 Car Heated Parking Garage & 12 Outdoor Parking Spaces
- Current Rents are Significantly Below Market
- Multiple Written Offers
- Competitive Bidding Process
- Under Contract Within Four Weeks
- Near-Record Price Per Unit for the Area